New Organizations Pose Challenges for Nonprofit Consultants - Good Advice - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: First, it helps to understand how two of the most popular socially oriented companies are structured:
* Low-profit, limited liability corporations, known as LC3s, were first created in 2008 and are constructed primarily to meet social needs or provide a social benefit. They are not tax-exempt, but they can attract investment dollars and apply for foundation grants. They can retain their profits.
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